Radian Group (RDN) to Release Quarterly Earnings on Wednesday
Radian Group (NYSE:RDN) is scheduled to be announcing its earnings results on Wednesday, February 5th. Parties that are interested in registering for the company’s conference call can do so using this link.
Radian Group (NYSE:RDN) last announced its earnings results on Thursday, November 7th. The company reported ($0.07) earnings per share for the quarter, beating the analysts’ consensus estimate of ($0.11) by $0.04. The company had revenue of $250.84 million for the quarter, compared to the consensus estimate of $211.00 million. During the same quarter last year, the company posted $0.11 earnings per share. On average, analysts expect Radian Group to post $-1.49 EPS for the current fiscal year and $0.96 EPS for the next fiscal year.
Radian Group (NYSE:RDN) opened at 14.27 on Tuesday. Radian Group has a 1-year low of $6.22 and a 1-year high of $15.96. The stock has a 50-day moving average of $14.69 and a 200-day moving average of $13.. The company’s market cap is $2.470 billion.
On a related note, analysts at Goldman Sachs Group Inc. initiated coverage on shares of Radian Group in a research note to investors on Thursday, December 5th. They set a “buy” rating and a $17.00 price target on the stock. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and seven have issued a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $15.88.
Radian Group Inc (NYSE:RDN) is a credit enhancement company with a focus on domestic, first-lien residential mortgage insurance (first-lien).
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